1. Carlos, a machinery mechanic, earns $28 perhour. This week, he worked 40 hours of regular pay and 12 hours of overtime, paid at time and a half. How much did he earn in total this week?

a $1,120

b $1,624

c $1,680

d $1,420

2. Lana borrows $24,000 to pay for college. The loan has a 10% interest rate that compounds monthly. She plans to pay off the loan in 10 years. How much will she pay in total?

a $47,273

b $64,969

c $51,877

d $38,901

3. If $30,000 is invested at 5% annual interest compounded monthly, how long would it take for the account balance to reach $90,000? Round your answer to the nearest tenth.

20.5 years

19.4 years

22.0 years

21.7 years

4. Virginia earns $69,500 peryear at her job as a speech pathologist, and she is paid every two weeks. Her most recent paycheck included the following deductions:

FICA	$200.20
Federal income tax	$180.65
State income tax	$72.00
Health insurance	$110.00
Retirement savings	$250.00

Considering her deductions, what percentage of her gross pay did Virginia take home?

a 62.34%

b 69.59%

c 71.65%

d 68.55%